Canada Life Investments aids purchase of £33.7m freehold

Roebuck Asset Management, alongside a consortium of South Korean institutional investors, have bought the freehold of Future House, Staines-upon-Thames for £33.7 million. The acquisition has been part financed by a senior loan from Canada Life Investments and was exchanged within eight weeks.

The 69,052 sq ft office has been refurbished following a new ten-year lease to Future Electronics for its EMEA headquarters. The deal offers an attractive secure income stream to a tenant embedded to the location with a guaranteed rental increase.

 

Please note that while Canada Life Asset Management and Canada Life Limited are regulated as stated in the below website footer, property management and the provision of commercial mortgages are not regulated activities.

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